How to select a lender for cashout refi

[Mark Savaglio]

I am new to the BRRRR method but have committed to the strategy I own two two unit properties that are cash flowing very well as well I am house hacking, I feel a bit lost in looking for a lender to do a cash out refinance with. From the few that I have spoken to they are only offer either 10 or 15 year loans and between a 4 and 5% interest rate. My credit is 710 and my wifes is upper 700's. Any pointers or tips on how to search for a good lender?

[Dan Travieso]

Talk to several lenders.. especially community banks. Don't be afraid to negotiate terms. Most folks don't realize that banks (especially community banks) have flexibility and most folks don't even try negotiating.